State Street Corporation (STT)

Financials · $46.5B market cap · SEC CIK 0000093751

Next reports on Jan 15, 2027, after the close, with analysts expecting $3.67 in earnings per share.

52-week range $111.63 to $195.93. 12% below its 52-week high and 54% above its low.

The case for STT

• Cheap for its growth: 12.6× earnings, where 8% a year of growth plus a 3.9% dividend would justify about 26×.
• 21% of revenue drops through to net profit.
• Earnings per share up 28.5%.
• Pays a 3.9% dividend while you wait.
• Up 44.4% over the past year.

The case against

• Stability is weak (36/100): beta 1.39, a 43% swing over the year.
• Weakest against its peers: return on equity of 13% is lower than 61% of Financials companies.

What the score is made of

Each factor is half a curve over reported figures and half a rank among the other Financials companies (momentum is judged against fixed thresholds only), and the five are blended by weight. The score is where that blend places it in the S&P 500. It describes the last filing and the current price. It is not a forecast.

• Its one-year revenue change (+181%) is far out of line with its five-year trend (+7% a year). In the Financials sector that is usually interest income swinging with rates rather than growth, so only the five-year figure is used.
• Its debt and cash flow are not scored, as for every company in the Financials sector: for banks, insurers and brokers, borrowing is the business.
• Each factor except momentum is half fixed thresholds, half rank among the 76 Financials companies.

The financials

The financials, five years deep

Pulled from State Street Corporation's XBRL filings on SEC EDGAR. Italic rows are worked out from the others.

What State Street Corporation says it does

OVERVIEW State Street Corporation is one of the world’s leading providers of financial services to institutional investors, including investment servicing, markets and financing solutions and investment management. Our clients — asset managers and owners, insurance companies, wealth managers, official institutions and central banks — rely on us to deliver solutions that support their business objectives across the investment life cycle. Leveraging our strength and scale, innovation and platforms, and industry expertise, we are an essential partner to our clients. In all aspects of our business, we work toward a singular purpose: to help create better outcomes for the world’s investors and the people they serve. Through our subsidiaries, including our principal banking subsidiary, State Street Bank and Trust Company, referred to as State Street Bank, we operate in more than 100 geographic markets worldwide, providing a broad range of…

Risk factors STT lists in its 10-K

• We are subject to intense competition in all aspects of our business, which could negatively affect our ability to maintain or increase our profitability
• We are subject to variability in our assets under custody and/or administration and assets under
• Acquisitions, strategic alliances, joint ventures and divestitures pose risks for our business
• The integration and the retention and development of the benefits of our acquisitions result in risks to our business and other uncertainties
• Competition for qualified members of our workforce is intense, and we may not be able to attract and retain the personnel we need to support our business
• Political, geopolitical and economic conditions and developments could adversely affect us, particularly if we face increased uncertainty and unpredictability in managing our businesses
• Our business activities expose us to interest rate risk
• Fee revenue represents a significant majority of our consolidated revenue and is subject to decline, among other things, in the event of a reduction in, or changes to, the level or type of investment activity by our clients
• We may need to raise additional capital or debt in the future, which may not be available to us or may only be available on unfavorable terms
• Any downgrades in our credit ratings, or an actual or perceived reduction in our financial strength, could adversely affect our borrowing costs, capital costs and liquidity position and cause reputational harm
• Supervisory Stress Testing and Capital Planning
• We face extensive and changing government regulation and supervision in the U.S. and non-U.S. jurisdictions in which we operate, which may increase our costs and expose us to risks related to compliance
• Global and Non-U.S. Regulatory Requirements
• Our businesses may be adversely affected by government enforcement and litigation
• Changes in accounting standards may adversely affect our consolidated financial statements
• We could face liabilities for withholding and other non-income taxes as a result of tax authority examinations
• Our businesses may be negatively affected by adverse publicity or other reputational harm
• Our business may be negatively affected by risks associated with strategic initiatives we are employing to enhance the effectiveness and efficiency of our operations and of our cybersecurity and technology infrastructure
• Outsourcing of work to global hub locations may expose us to increased operational risk and reputational harm and may not result in expected cost savings
• Long-term contracts expose us to increased operational risk, pricing and performance risk
• We may not be able to protect our intellectual property, and we are subject to claims of third-party intellectual property rights
• We may incur losses arising from our investments in sponsored investment funds, which could be material to our consolidated results of operations in the periods incurred

Filings

Other Financials companies